Implication of IEA Net Zero Emissions scenario (no new project sanction) on oil and gas production

Average 2030s production by company vs. 2021

2030s = 2030-2040 average. Oil and gas production in barrel of oil equivalent terms. Shale focused = Shale at least 50% of 2021-2040 production. Rystad base case volumes.
Source: Rystad Energy, IEA, Carbon Tracker analysis 2021 Embed